FTX and Alameda Research’s Active Involvement in Digital Asset Transfers
Blockchain analysis company Lookonchain has reported that FTX and Alameda Research have been actively involved in significant digital asset transfers, totaling an impressive $22 million. These assets include IMX, GMT, ETH, UNI, SHIB, BAL, LOOKS, and WOO tokens.
Notable Transactions Since October 2023
Since October 2023, FTX and Alameda Research have executed noteworthy trades, accumulating a total value of $551 million across 59 different tokens.
Recent Notable Transfer
In their latest move, they transferred $10.8 million across various platforms, including Wintermute, Binance, and Coinbase. This recent transfer was spread across eight tokens: $2.58 million in StepN (GMT), $2.41 million in Uniswap (UNI), $2.25 million in Synapse (SYN), $1.64 million in Klaytn (KLAY), $1.18 million in Fantom (FTM), $644,000 in Shiba Inu (SHIB), and a small amount of Arbitrum (ARB) and Optimism (OP).
October 24th Transfer
On October 24th, FTX and Alameda’s wallets transferred $10 million in digital assets to a single address, which was later distributed to Binance and Coinbase accounts.
November 14th Transfer
On November 14th, another significant transaction occurred, involving $24 million worth of cryptocurrency sent to Kraken and OKX exchanges. This transfer was authorized by a U.S. court-approved plan, allowing them to sell digital assets initially up to $100 million, with the potential to increase it to $200 million pending approval from a special committee.